Shareable Ink®, an enterprise cloud computing company that transforms paper documentation to structured data, today announced Forbes named it one of America's Most Promising Companies, representing one of only two healthcare IT companies on this year's list.

Shareable Ink Named One of America's Most Promising Companies by Forbes

Enterprise Cloud Computing Approach Recognized by Local and National Business Communities
(December 07, 2011)

NASHVILLE, TN -- (Marketwire) -- 12/07/11 -- Shareable Ink®, an enterprise cloud computing company that transforms paper documentation to structured data, today announced Forbes named it one of America's Most Promising Companies, representing one of only two healthcare IT companies on this year's list.

The accolade is the latest in a series of acknowledgements Shareable Ink received this year. Last month, the Nashville Post included the company in its Tech 25, and the Nashville Technology Council presented Shareable Ink President and CEO Stephen S. Hau with its "Innovator of the Year" award. In April, Gartner named Shareable Ink a "Cool Vendor of 2011," highlighting the company as one with an innovative and pragmatic approach to information sharing in healthcare.

"Shareable Ink converts natural human input -- such as handwriting and gestures -- to structured data, useable by electronic health records and other systems. Currently, we process a page of medical documentation every 30 seconds of the day," said Hau. "While U.S. hospitals report that less than 10 percent of physicians document with computer keyboards, our platform pushes the frontiers of machine learning with an approach that is completely intuitive for physicians and makes a meaningful difference in healthcare."

"Sizing up younger, privately held companies is hard: their fortunes can change very quickly and there's a dearth of public data," says Forbes Executive Editor Brett Nelson. "We took a more comprehensive approach to evaluate their health and potential."

To sharpen its search, Forbes teamed up with CB Insights, a Manhattan-based data firm that tracks investment in high-growth private companies. With $650,000 in grants from the National Science Foundation, CB has developed complex software called Mosaic that mines myriad online sources (from press releases and social networks to job boards and court filings) to come up with one, algorithmically derived score that measures a private company's health. Forbes married Mosaic's data-crunching with old-fashioned reporting to assemble a list of rising stars with bright growth prospects. To view the complete list, please visit www.forbes.com/ampc.

About Shareable InkShareable Ink helps healthcare organizations of all sizes transition to electronic health records without disruption to workflow or burdensome IT projects. Its enterprise cloud-based platform incorporates natural input tools, including iPads and digital pen and paper technology featuring Anoto functionality. The resulting structured and clinically-encoded output populates the EHR with discrete data, as if typed in directly. Built-in analytics give hospitals and practices insight into their operations -- from a clinical, quality and efficiency standpoint -- all previously inaccessible from traditional paper records. For additional information, visit www.shareableink.com.